217 Garfield DRIVE
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 14, 2023 | Sold | ||
| Sold | |||
| Jul 13, 2023 | Listed by PREFERRED SHORE | $5,175,000 | |
| Listed by PREFERRED SHORE | |||
| Oct 20, 2021 | Sold | ||
| Sold | |||
| Dec 15, 2019 | No longer available | - | |
| No longer available | |||
| Sep 21, 2019 | Listed | $1,687,000 | |
| Listed | |||
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Lido Key is a well-kept secret for its quiet sugary beach with crystal blue waters and dramatic sunsets. This is a rare opportunity to buy a unique detached residence just 200 yards from Lido Beach. This Duplex provides many possibilities either as a residence or as a rental investment. The attached sheet with floor plans describes those possibilities. Best of all, this duplex has gone through a major gut renovation lasting more than a year so that it seems brand new. New Central A/C, Plumbing, New Electric Panel, New Hot Water Heater. New Deck and Patio. There are 4 Brs, 4 Baths, a 2-Car Garage, and 6 parking spaces in total. The ground floor has two 20'X15’ lounges with walls of windows. Custom Gourmet Kitchens with Stainless Steel Appliances. Brand New W/D in both units. 20X40 Brand New Deck. Brand New Paver Patio, Enclosed Privacy- Fenced Patio with Hot Tub, Gas Grill & Beautiful Landscaping. Security System. HAVE IT ALL WITH BRAND NEW FURNISHINGS. Enjoy HAPPY HOUR and Fine Dining at the Lido Beach Grille. Enjoy lunch at Lido Beach Pavilion in a casual beautiful beach-front setting. World famous St. Armand’s Circle is a short walk to its many fine restaurants and shops. It is a heavenly experience to drive or to walk over the beautiful John Ringling Bridge, with its dramatic views, to downtown Sarasota, which is buzzing with fine restaurants, shops, art galleries, theaters and opera. Please read the description under the pictures. PLS SEE REALTOR’S REMARKS. The manager has listed the unit size as 1800 square feet.
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About Lido Key
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017